> Can i lease a car with no down payments ?

Can i lease a car with no down payments ?

Posted at: 2015-03-04 
my credit score is 730, also im 20 years old and my credit accounts are all less than 3 months old, so is it possible to lease without any down payments ?

It is usually but not always true that one must be at least 21 and have a good down payment to be approved for a car lease. You meet neither criterion....so I would say forget it.

If you can solve one or the other, you have a chance. so, get older and/or get richer.

Your credit score is good enuff already, I think. Keep it that way.

I leased a new BMW thru BMW Finance. I did not put a down payment. The way I see it, another phrase for down payment is dealer profit. But I did put down additional security deposits, which I get back at the end of the lease. So why do this? Well each security deposit reduced my money rate on the lease. Think of this as a reverse savings that you keeps money in your pocket with out paying taxes on it. BMW capped the security deposits at 9. For me, the savings was like making 21% interest tax free. To understand this, you need to change how you think about money.

I have never heard of that, their down payments always appear to be substantial, they need the assurance that if you are unable to make any payments from month 1 and have to be repossessed that they will not lose financially.

Even with good credit you still have to put money down. Your lack of history will mean you will have to put down MORE than normal probably.

i thimk you will need some money down. They need to know you can save money as well as earn it. Do you have a decent job that can cover the payment as well as rent, and other expenses?

unlikely

I doubt it.

my credit score is 730, also im 20 years old and my credit accounts are all less than 3 months old, so is it possible to lease without any down payments ?